Sunday, 19 August 2007

Godot waits for the close.

Vladimir: Subprime?

Estragon: Subprime.

Vladimir: Slime.

Estragon: Triple A.

Vladimir: Exposure?

Estragon: Exposed.

Vladimir: Leveraged.

Estragon: Leveraged and Funded.

Vladimir: Funded?

Estragon: Roll coming up.

Vladimir: Roll that CP.

Estragon: CP?

Vladimir: ABCP.

Estragon: The End.

(Inspired by Long or Short Capital.)

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